Intel Corp (INTC) weekly chart.
Broken recent high with strong impulse wave.
From previous wave counts, the impulse wave count is wave 3, which is the usually the strongest and longest wave.
By breaking previous high with an irrefutably impulse wave 3, Intel shows it is extremely bullish.
If the impulse wave is wave 3, then we can expect this wave to extend further another 60% of wave 1, targeting around $38.
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